Project Accounting Analyst
Emergent LLCAbout the role
Job Overview & Responsibilities
Mythics has an immediate need for a Project Accountant to join our Accounting team. This is a REMOTE position. The Project Accountant is responsible for handling the financial tasks associated with analysis, monitoring and reporting in support of assigned consulting projects and programs. You will coordinate interdepartmental development of program plans and interface with vendors and customers as required. You will monitor and report performance against plans to ensure that contractual cost and schedule objectives are met. This role also monitors the status of financial accounts, ensuring that task order charges accurately reflect the correct labor hours and rates, subcontractor costs and other direct costs (ODCs). Other tasks include monitoring spending versus plan and escalating any over runs/under runs. You will prepare financial reports, statements and estimates (such as 553M, 533Q, and cost estimate portion of the Task Order Plan) that are provided to the Government to ensure effective management. You will resolve reporting and compliance issues. This role works on assignments requiring considerable judgment and initiative and interfaces with various levels of management, responding to requests for financial data. Works under general supervision and develops solutions to problems with moderate scope/complexity.
Duties and Responsibilities:
- Handle various financial tasks for assigned consulting projects and programs, interfacing with team members, sales and consulting staff, management, and externally as needed to complete work activities.
- Establish and maintain revenue and billing formulas.
- Monitor and maintain contract funding and modification reconciliation.
- Review and approve some opportunities/new bookings from the sales team.
- Review Estimate-At-Completion/-To Completion and perform variance analysis.
- Prepare ad hoc project reporting and analysis as required.
- Prepare month end project journal entries.
- Coordinate activities with support teams including Product Accounting, Contracts, and Sales.
- Review and analyze contract customer requirements and project scope to achieve project objectives. Escalate issues to management that are outside scope, guidelines or performance expectations.
- Prepare sales order documents and purchase orders in accordance with customer and vendor agreements.
- Reconcile project details between OpenAir and NetSuite and Certinia
- Maintain revenue recognition accurately on individual projects.
- Maintain budget details, and cost and revenue buildup accurately before opportunity/booking approval is completed.
- Attend team meetings and other project-related meetings as required.
- Provide assistance to AP team i.e. expense reports, vendor bills, etc., when needed.
- Provide assistance to AR team i.e. customer invoice generation and/or clean-up, etc., when needed.
Other Duties
- Perform all other duties, as assigned.
Qualifications
Minimum Requirements:
- Bachelor’s degree in Accounting or equivalent work experience
- 2-4 years’ experience working in accounting or financial analyst role
- Experience working with accounting/financial software systems such as NetSuite and Certinia, MS Excel proficiency and other data management tools at intermediate level.
Revenue recognition and accrual accounting required.
- Experience with government contracting requirements a plus
Knowledge / Skills / Abilities (KSAs):
- Demonstrated knowledge and understanding of proper accounting treatment for consulting projects, including accounts receivable transactions, general ledger and account reconciliations
- Professional attitude while interfacing with customers regarding collection issues and disputes.
- Demonstrated knowledge and use of MS Office Suite
- Ability to work under pressure and meet deadlines in a fast-paced office
- Ability to read and understand contract documents from vendors and government agencies.
- Problem solving and mathematical skills
- Accuracy and attention to detail
- Ability to prioritize work and self-manage
- Analytical and critical thinking skills
- Frequent use or application of functional discipline principles, standards, and theories
Company Overview
As a federal government contractor and a recipient of federal funding, Mythics and Emergent is required to abide by the Drug-Free Workplace Act, which requires Mythics and Emergent to provide a drug-free workplace, among other obligations. As part of this effort, Mythics and Emergent requires pre-employment drug tests
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